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EDGX vs. QRMI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EDGX vs. QRMI

Last updated Jun 28, 2026

EDGX (Global X U.S. 500 Income Edge ETF) and QRMI (Global X NASDAQ 100 Risk Managed Income ETF) are both exchange-traded funds - EDGX is a Derivative Income fund tracking the Solactive GBS United States 500 Index, while QRMI is a Nasdaq-100 fund actively managed by Global X. EDGX is passively managed, while QRMI is actively managed. Their correlation of 0.82 suggests significant overlap in exposure.

Performance

EDGX vs. QRMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. 500 Income Edge ETF (EDGX) and Global X NASDAQ 100 Risk Managed Income ETF (QRMI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

EDGX

1D
0.04%
1M
-2.39%
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—

QRMI

1D
-0.23%
1M
-0.04%
YTD
2.12%
6M
1.84%
1Y
8.86%
3Y*
7.18%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

EDGX vs. QRMI - Yearly Performance Comparison

2026 (YTD)
EDGX
Global X U.S. 500 Income Edge ETF		7.39%
QRMI
Global X NASDAQ 100 Risk Managed Income ETF		3.22%

Correlation

The correlation between EDGX and QRMI is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (All Time)
Calculated using the full available price history since Feb 18, 2026

0.82

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X U.S. 500 Income Edge ETF

Global X NASDAQ 100 Risk Managed Income ETF

Often compared with EDGX:
EDGX vs. COPXEDGX vs. HYTIEDGX vs. SHLDEDGX vs. AVGWEDGX vs. IPDPEDGX vs. TLTXEDGX vs. QYLD
Often compared with QRMI:
QRMI vs. QYLDQRMI vs. XRMIQRMI vs. QCLRQRMI vs. QQQQRMI vs. QYLGQRMI vs. DJIAQRMI vs. JEPI

Return for Risk

EDGX vs. QRMI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EDGX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

QRMI
QRMI Risk / Return Rank: 4747
Overall Rank
QRMI Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
QRMI Sortino Ratio Rank: 4545
Sortino Ratio Rank
QRMI Omega Ratio Rank: 5353
Omega Ratio Rank
QRMI Calmar Ratio Rank: 3838
Calmar Ratio Rank
QRMI Martin Ratio Rank: 5151
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EDGX vs. QRMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. 500 Income Edge ETF (EDGX) and Global X NASDAQ 100 Risk Managed Income ETF (QRMI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

EDGXQRMIDifference
Sharpe ratioReturn per unit of total volatility

—

1.49

—

Sortino ratioReturn per unit of downside risk

—

2.02

—

Omega ratioGain probability vs. loss probability

—

1.30

—

Calmar ratioReturn relative to maximum drawdown

—

1.76

—

Martin ratioReturn relative to average drawdown

—

7.63

—

EDGX vs. QRMI - Sharpe Ratio Comparison

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Drawdowns

EDGX vs. QRMI - Drawdown Comparison

The maximum EDGX drawdown since its inception was -7.56%, smaller than the maximum QRMI drawdown of -20.95%. Use the drawdown chart below to compare losses from any high point for EDGX and QRMI.

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Drawdown Indicators

EDGXQRMIDifference

Max Drawdown

Largest peak-to-trough decline

-7.56%

-20.95%

+13.39%

Max Drawdown (1Y)

Largest decline over 1 year

—

-5.04%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-8.43%

—

Current Drawdown

Current decline from peak

-3.00%

-1.17%

-1.83%

Average Drawdown

Average peak-to-trough decline

-1.60%

-7.88%

+6.28%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

1.16%

—

Volatility

EDGX vs. QRMI - Volatility Comparison

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Volatility by Period

EDGXQRMIDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

2.26%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

4.86%

—

Volatility (1Y)

Calculated over the trailing 1-year period

13.82%

5.97%

+7.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.82%

8.34%

+5.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.82%

8.34%

+5.48%

Dividends

EDGX vs. QRMI - Dividend Comparison

EDGX's dividend yield for the trailing twelve months is around 3.03%, less than QRMI's 12.37% yield.

PositionTTM20252024202320222021
EDGX
Global X U.S. 500 Income Edge ETF		3.03%0.00%0.00%0.00%0.00%0.00%
QRMI
Global X NASDAQ 100 Risk Managed Income ETF		12.37%12.28%11.80%12.44%10.65%3.36%

Frequently Asked Questions

EDGX and QRMI have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

QRMI has the higher dividend yield at 12.37%, compared with 3.03% for EDGX.

EDGX is categorized as Derivative Income, while QRMI is Nasdaq-100.

Portfolio Optimizer

Find the right allocation for EDGX and QRMI

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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